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Ref: CSPJ-40249
Property marketed by Complete Spanish Property
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We are more than delighted to start introducing this amazing luxurious villa with a total of 3/4 bedrooms and 4 bathrooms, private underground garage, heated infinity pool and much more extras... The total surface built will be 432 m2 and will stand on a 897 m2 plot with views to the Laguna Rosa.The property is is going to be built to the highest standard and with the finest material throughout.For more information please do not hesitate in contacting us to info@petrahonig.com !
Property Features
- 3 bedrooms
- 4 bathrooms
- 432m² Build size
- 897m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
74,500€
Final Payment of 90% on completion
697,500€
Property Purchase Expenses
Property price
775,000€
Transfer tax 8%
62,000€
Notary fees (approx)
600€
Land registry fees (approx)
600€
Legal fees (approx)
1,500€
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
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In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.